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Author Topic: Having a regular/steady income is important as a gambler.  (Read 2696 times)
Richbased (OP)
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January 28, 2024, 03:44:44 PM
 #1

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

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January 28, 2024, 03:51:22 PM
 #2

If you do not earn, where will you even see the money to gamble? If your weekly income is not enough, that means it is foolishness that will make such a person to gamble. But if you are able to earn enough and safe and able to use like 1 to 5% of your weekly income to gamble without affecting you and your family financially, that is wise.

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.
Having a steady income does not guarantee that you will have possibility of winning while gambling.

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January 28, 2024, 03:51:56 PM
 #3

as long as he gambles within safe limits it will be fine, and everything will go on as usual, but there are times when we get carried away with gambling and spend more money than we can afford, let's just say he spent his entire salary, maybe the impact It's only temporary, but if you go too far and gamble by borrowing capital from the bank, it's beyond safe, what we think is good may not necessarily be the case in the future.
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January 28, 2024, 04:00:18 PM
 #4

Absolutely. Gambling is a way of having fun just like watching football or socially drinking with friends. If you have no reliable income, your savings will deplete in no time whether you gamble or not... Let's say you go to the theater once a month because you have a budget for entertainment. If you like to gamble, you should also have budget for gambling. If your budget can't allow these expenses, you should either cut some of them or increase your monthly income. Don't think gambling is a way of getting rich or making money. It doesn't work that way. People who make this mistake get even poorer.

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January 28, 2024, 04:04:43 PM
 #5

Not only as a gambler but also as an individual. It will alwys be necessary to maake a living unless you already have established yourself and that you know to yourself that you have enough savings to live with (which I doubt if you're not in line with bill gates). And with gambling, well I do know some people who are relying on gambling when it comes on their expenses. They are winning and all but whenever I ask them if they would suggest the same thing with other people, they all refused. For them it is not sustainable and stress free. You wouldn't win consistency and there'll be times you'd earn nothing for the day or week or even month. A fixed salary from a decent job would be better or if you can establish yourself an investment or business which could suffice your need, would be best.

Everyone could engage to gambling but gambling is not for everyone. Meaning, not all gamblers will win the jackpot or even win big often. If that's possible in the first plaace then we should all be rich by now right? Why isn't that so? Be practical. If by now you don't have a family to live with then don't be too confident and always be futuristic. Wouldn't it be better if you have a fixed income from a job for your bills and happened to win big from gambling for your wants? I would prefer that than to let my mind be consumed by 24/7 thinking of where will I be getting money to pay the bills for next month.

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January 28, 2024, 04:07:58 PM
 #6

Like I used to say, it's better to have a source of income and waste it all on gambling believing that you will make another than not having anything and lose all you have presently in gambling, this is why some gamblers turned criminal all in the name of debt and other money problem.

Before you start planning a strategy to use in gambling, have a source of income first, it will give you a more relaxing feeling, and if you apply risking what you can afford to lose it's even better, and this is the best gambling strategy right now.

Many people are struggling but they choose the wrong thing as the first step....

The first thing to do is find a source of income.

Then start saving some money aside for responsibilities purposes, after doing this you should then start keeping some changes aside for gambling, it should not be the first priority, it should be the last.

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January 28, 2024, 04:09:07 PM
 #7

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.
Gambling should be an activity for people who have a means of making money. If you don't have money you can't be a gambler and I am always against dependants who engage in gambling. It is not suitable for students or young people who depend on parents or guardians for financial assistance to consider gambling. Having a stable income is not just okay but having a financial flow that gives one extra money to gamble. Using money that would have been used for basic needs to gamble is inappropriate, it is proper to use extra funds.

Quote
A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this
Gambling addiction is when you don't have control over your gambling activities and this is a very bad behavior. Nobody should gamble to the extent of becoming addicted because it is an abnormal behavior. I think you are referring to a habitual or constant gambler which is not a bad behavior. If you have a stable income and can afford to gamble consistently or even every day, that's not a problem. The most important thing is to gamble what you can afford to lose and also have the ability to control your gambling time and budget.

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January 28, 2024, 04:10:01 PM
 #8


 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.



This is correct, being financially stable is required on gambling not because you can have good source of bankroll but rather your life will not be badly affected of the gambling result since losing is guaranteed on gambling which means poor people will surely become more in disadvantage since they don’t have good source of income.

Quote
A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Having a regular income doesn’t increase your chance of winning but rather the opposite since you will continue to play more because you still have money until you are just keep repeating the cycle. Unless you are good on skill based gambling there’s no way to increase you winning chance rate on luck based games.

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January 28, 2024, 04:11:01 PM
 #9

Gambling to many people is a means of making money while to others, gambling provides them with the platform to come have fun and still go back to their normal engagements. However, as a gambler, it's very important that you should have steady source of income. Having steady source of income will simply make a gambler to be able to have full control of his emotions during gambling moments even when you're not winning but when you don't have a stable source of income and engages in gambling, you're very likely to be frustrated whenever you're losing money as you don't know when next or the source at which you'll get another money

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January 28, 2024, 04:18:55 PM
 #10


As a person who will support himself, he has to have a job to have income. It's not just the gambler who has to have a source of income, everyone has to have an income and that's why one has to find a job to be independent. This is basic as a human being, you need to be able to stand on your own.

But most importantly, if you are a gambler yes you need an income otherwise you will be robbing someone just so you have some funds to gamble.  If a person can't find a job, then he shouldn't gamble at all.

But back to the topic, you don't really need a job to win. all you need is some money and luck.

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January 28, 2024, 04:21:41 PM
 #11

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict...

The chances of making a good play are higher if the player has a clear mind. So those who play without burden and thinking about "what will they do if they lose" are always at an advantage over those who tremble before every bet. I think we can say that a "clear mind" is important whenever we make some money decisions, so it's not surprising that we have more chances for success if we gamble with a cool head.

We all are addicts, but not all addicts are responsible. Those who have steady and regular income can be more relaxed about some things, but in the end, we all need to know how much we can spend for fun & games! If we get in over our heads that can become a problem.


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January 28, 2024, 04:22:18 PM
 #12

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

Everyone should have a steady and regular income to live in a society. People cannot live without money these days. If you talk about gamblers, they usually waste a lot of money on gambling without being able to control themself. So, sometimes it's important to understand what would happen on the bad days. Therefore, it won't be bad if their steady income turns off for a moment.

I am a person who has a monthly stable salary and I remember I gambled all my salary and lost it. No matter how much you make, when you are on a gambling table, it won't take too long to lose everything. Luck always does not fever to everyone. A steady income cannot increase the winning chance.
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January 28, 2024, 04:35:16 PM
 #13

.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

It's very important because there is no pressure to win, the money you're using to bet must be allocated from your income because if it comes from a loan or from your savings you will chase your losses, and this is what gamblers should avoid.
There are two primary rules in gambling, never gamble with money that you cannot afford to lose, and never chase your losses, by not having an income you are breaking these two rules in responsible gambling.
If you do not have a job or steady income never take a loan and never gamble, find something to keep you busy so you will not get the urge to gamble or find a job first before you gamble.
Gambling is risky because it involves money and the money that you're going to use should be excess money.

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January 28, 2024, 04:36:46 PM
 #14

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

Your thoughts on this

Let me tell you the other way, you should not gamble at all if you don't have a steady income. If you are gambling because you have financial requirements then you are doing it in the wrong way, it will just worsen your situation than doing anything.

Responsible gambling involves gambling without compromising the financial stability too, so make sure that you will not suffer financially even if you lose the betting capital completely and that is what generally called as gambling budget that you designated only for gamble and you are expecting nothing but to lose the money so keep the limit as low as possible.

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January 28, 2024, 04:40:08 PM
 #15

If you do not have a job or steady income never take a loan and never gamble, find something to keep you busy so you will not get the urge to gamble or find a job first before you gamble.
Gambling is risky because it involves money and the money that you're going to use should be excess money.

This! I really like what you said here because many people here only consider gambling as source of entertainment while there’s a lot of option to make you entertain without spending money on gambling if you are really not capable. Gambling is not the only activity that we can do if we are bored. In fact, I only gamble when I don’t have any friend to hangout while I still have free money left from my salary that I don’t have any allocation.

Gambling is not everything. Even with good source of income gambling will make you miserable once you lose so what’s more if you really can’t afford but you insist to play just because you become gullible due to your greediness.

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January 28, 2024, 04:47:14 PM
 #16

Your thoughts on this

I agree more about regular than steady. I mean: there are people for example salesman who have a fluctuating income but get paid every month. Normally what they get every month is the base salary plus commissions. The commissions are irregular and can mean they get paid a lot one month and little in others. To this must be added possible bonuses at the end of the year or at the end of the semester. Therefore, this type of workers do not have a problem if they want to gamble or other activities because of their fluctuating income.

It is important to be regular, that is to say that they get paid every month or every two weeks, whatever it is. Someone who has a three-month contract, then becomes unemployed and takes a long time to find a job should not gamble, but unfortunately there are people in that situation who see a way out of their shitty situation in gambling and usually what they do is make it worse.

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January 28, 2024, 04:57:58 PM
 #17


a family needs to have a job to support his family. all the rest of the extra money are the ones he can use to gamble and with that, he won't worry about losing that extra money since he has a source of income, no pressure for him while gambling and he can think clearly as well.

when there is pressure to win because of the lack of funds, it is usually the cause of anxiousness.









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January 28, 2024, 05:02:47 PM
 #18

I am yet to get the correlation between winning big in gambling and having a steady flow of income. These two are different and shouldn’t be intertwined with one another. Gambling game is base on luck and if you’re not lucky, you would have the whole money in the world put into it and you won’t have any positive results. So also, your source of income is just a determinant to tell how much money you can sacrifice and put into gambling, but not a guarantee to win big in gambling.

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January 28, 2024, 05:07:08 PM
 #19

Having a steady income helps the gambler not to bother anybody about money, while gambling. Even if he loses, he has some expectation of more money in few days. Hence, his struggle, in addiction, wouldn't be as injurious, as that of a gambler who depends on other people for money to gamble. Though the risk of losing out in the source of income is there, the gambler could perform lowly in his business. Because of his gambling behavior, depending on how he prepares his mind, may fail to focus more in doing the right things in the business. Having a steady income, has its advantages, but doesn't safeguard a gambler from getting compulsive. So, gamblers whether earning or not, still have to take seriously their emotional stability not to be left behind in the chaos of addiction.

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Wiwo
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January 28, 2024, 05:10:42 PM
 #20

We try as much as possible to separate gambling from earned Money in as much as it will be a big risk to have such possible scenario where you get carried away to gamble away whatever resource that is available at hand,any of the times gambling requeirs a high level of decipline which have to do with how well you manage ypur spending while gambling and that take us back to what the user in the first comment said about using a small percentage of total income on gambling and that has to do with as low as 5% which is small eneogh not to affect your entire balance.

So for that, it is very important to have a source of income but then we shouldn't rely on that so much that it will end inflicting our overall balance in savings, so let set every in it place in other not to use the funds meant for your other lofe responsibilities.

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 airbet 
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